US Treasury yields surge, with 10Y at 4.9% and 30Y above 5.34%, fully erasing drop after Bessent’s intervention
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Rising Treasury yields signal a tighter monetary environment, reducing the likelihood of the Fed pausing interest rate hikes soon. The post US Treasury yields surge, with 10Y at 4.9% and 30Y above 5.34%, fully erasing drop after Bessent’s i…
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